by Market Overview:
Microdermabrasion is a non-invasive cosmetic procedure that uses mechanical exfoliation to remove the topmost layers of dead skin cells and debris from the skin’s surface to improve skin appearance and clarity. Microdermabrasion devices are used to perform this procedure in a gentle and controlled manner. The devices employ either diamond-tipped applicators or crystals that lightly sand or exfoliate the skin to stimulate new cell turnover. This leaves the skin’s surface smoother and more vibrant. Common uses include treatment of conditions like acne scars, fine lines, age spots, sun damage, hyperpigmentation and others.
The microdermabrasion devices market is estimated to be valued at US$ 517.61 Mn in 2023 and is expected to exhibit a CAGR of 8.0% over the forecast period from 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
The microdermabrasion devices market is expected to witness significant growth over the forecast period owing to rising focus on aesthetic procedures among people to maintain youthful looks. Growing disposable incomes and improving aesthetics standards are fueling the demand for minimally invasive cosmetic treatments. According to the American Society of Plastic Surgeons, over 15.9 million minimally-invasive procedures were performed in the U.S. in 2020 including microdermabrasion. Another key factor is the cost-effectiveness and minimal downtime associated with microdermabrasion compared to surgical procedures which is driving its adoption. Furthermore, increasing awareness about skin health and disease prevention through exfoliation is augmenting the market growth.
Segment Analysis
The microdermabrasion devices market can be segmented into crystal microdermabrasion devices and diamond microdermabrasion devices. Diamond microdermabrasion devices dominate the market as they are more effective in exfoliating the skin compared to crystal microdermabrasion devices. Diamond microdermabrasion devices use diamond-shard tips instead of crystal, which makes these devices suitable for all skin types and works more effectively on deeper layers of the skin.
PEST Analysis
Political: The regulations regarding the use of medical aesthetic devices are becoming more stringent. For example, the FDA imposes certain guidelines for the safety and efficacy of these devices.
Economic: Rising disposable incomes and growing awareness about aesthetic procedures are fueling the demand for microdermabrasion devices. The increasing focus on physical appearance is also propelling the market growth.
Social: Growing inclination towards younger look and appearance as a status symbol is driving people to undergo non-invasive aesthetic treatments. Additionally, higher social acceptance of such aesthetic procedures is boosting the market.
Technological: Manufacturers are focusing on developing advanced microdermabrasion devices with features like adjustable suction pressure, varied crystal tip sizes, portability, and versatility for home use. Launch of multi-functional devices is also gaining popularity.
Key Takeaways
The Global Microdermabrasion Devices Market Size is expected to witness high growth, exhibiting a CAGR of 8.0% over the forecast period, due to increasing demand for non-invasive aesthetic treatments. The microdermabrasion devices market size for 2023 is estimated to reach US$ 517.61 Mn.
Regional analysis: North America dominates the global microdermabrasion devices market owing to high consumer awareness, rising healthcare expenditure, and availability of advanced treatment options in the region. The Asia Pacific region is expected to grow at the fastest pace during the forecast period due to increasing medical tourism and rising middle-class population with higher disposable incomes in countries such as China, India.
Key players operating in the microdermabrasion devices market are DermaSweep Inc., Lifetrons Switzerland AG, Trophy Skin, Silkn, HoMedics USA LLC, PMD Beauty, Dermaglow, ImageDerm Inc., Clairderm Medical Aesthetics, Sylvan Company, Altair Instruments, Koninklijke Philips, Microderm GLO Skincare USA, Silhouet-Tone, and Edge Systems LLC. (HydraFacial), among others. Key players are mainly focused on developing user-friendly home-use devices with advanced features to gain more customers. Some players are also diversifying their portfolio with multi-functional aesthetic devices.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
